Audio recording of this article. Good fences make good neighbors. Clear boundaries separate responsibility and make clear who is due what. With good boundaries, we can act more decisively because we know what we own. Without it, nobody feels responsible so it gets plundered like an appetizer plate which inevitably comes down to that last piece which keeps getting split in half. We call what we own property and the rights of ownership, property rights. The ability to really own Read more …
The Bitcoin Mining Council wrote a letter to the Environmental Protection Agency to refute energy usage misconceptions related to bitcoin mining. The BMC letter addresses concerns about Bitcoin’s emissions, environmental risks, waste, energy grids, and more. The BMC letter showcases and addresses educational gaps for U.S policy makers. Michael Saylor, Jack Dorsey, Fidelity Investments, and others belonging to the Bitcoin Mining Council (BMC) gathered to author an open-letter to the Environmental Protection Agency (EPA) refuting misconceptions of bitcoin energy consumption Read more …
Telegram users can now send and receive toncoin directly within the application’s chats, according to a tweet by The Open Network (TON) Foundation. In addition to the toncoin support, users can also purchase bitcoin via the software’s bot system. TON Foundation Reveals Telegram Toncoin Support, Users Can Purchase Bitcoin via Bot The ability to send and receive cryptocurrency using Telegram is now possible using the TON Foundation’s toncoin. Sending digital currencies via third-party applications tethered to Telegram was possible before. Read more …
Bitfarms, a publicly traded bitcoin mining company, released bitcoin production results and a mining operations update for April 2022. The total revenue reached 405 BTC for the month, netting a total of $15.6 million. Of the 405 BTC mined, 403 BTC were deposited into custody, leaving Bitfarms with a reserve of 5,646 BTC, worth approximately $218 million. Bitfarms Ltd. (Nasdaq: BITF, TSX: BITF), a globally distributed mining company, released a production update for April 2022 detailing an increase of 75% Read more …
Digital currency markets have been tumultuous during the past month as bitcoin shed 15.43% and ethereum dropped 17.49% against the U.S. dollar. Moreover, crypto spot volumes are down 18.95% lower than the month prior, and both futures and options volumes were down in April as well. Lower than average trade volumes typically suggest overall interest has declined, and investors may be waiting on the sidelines for lower prices. April’s Crypto Market Spot Volumes Slip Close to 19% Lower Than Last Read more …
Bitcoin startup Hoseki has announced a pre-launch partnership with financial services firm Ledn to provide lending and proof-of-assets services for retail investors, similar to industry-grade proof-of-reserves leveraged by custodians, the company said in a Monday statement sent to Bitcoin Magazine. “Hoseki users will be able to seamlessly submit standardized proof-of-asset documentation to Ledn though the Hoseki mobile app or desktop website,” per the statement. “In the Hoseki dashboard where users manage their bitcoin storage and exchange account information, a lender’s Read more …
Shakhtar Donetsk, a leading soccer team in Ukraine, will sell a collection of non-fungible tokens (NFTs). The club intends to auction several signed jerseys to raise funds for Ukrainian citizens affected by the ongoing war with Russia. FC Shakhtar Donetsk to Auction Digital Collectibles With Help From Binance Binance NFT, the marketplace for non-fungible tokens of the world’s leading crypto exchange, announced Friday the launch of an NFT collection of FC Shakhtar Donetsk, one of Ukraine’s top professional soccer clubs. Read more …
press release PRESS RELEASE. Football Superstars such as: Roberto Carlos Mario Yepes David Trezeguet Michel Salgado Fernando Hierro Lucas Radebe, Invite you to a Global Metaverse of Lydian.World exclusive event. The event will take place on the 7th of May 2022 in Dubai Opera. As a first offline event of such scale where thousands of guests from all over the world will gather to become a part of Lydian.World metaverse. Guests are invited to take part in multiple business opportunities Read more …
Stablecoins have maintained a strong growth momentum against the occasionally frustrating crypto market. Recently, the TUSD-TRX pool on the decentralized trading platform SunSwap has yielded up to 12%, and the vault of TUSD achieved an APY of as high as 11.2% on the decentralized yield optimizer Beefy Finance (BNB). These APYs are eye-catching indeed! Apart from the yield, security is also a major consideration for those who seek to entrust their assets to a stablecoin service provider. In the case Read more …
Three Nigerian nationals are accused of using money laundering proceeds to buy bitcoin worth over $43 million from cryptocurrency exchange platforms like Binance and Busha. The trio is accused of moving an equivalent of over $215 million from Nigeria to Kenya between October and November 2020. Powerful Kenyan Politician Assists the Alleged Money Launderers The global law enforcement agency, Interpol is seeking to conclude a case where three Nigerian nationals are believed to have used money laundering proceeds to buy Read more …
The revenues accrued by the Ethereum network rose by 46% from $1.6 billion to $2.4 billion during the first quarter of 2022. Contributing to the growth in the network’s revenues were non-fungible token (NFT) marketplace sales, which rose by more than 19,000% during the period under review. ETH Inflation Rate Drops to 0.51% Ethereum’s revenues rose by 46% from $1.6 billion to $2.4 billion during the first quarter of 2022, a new report by Bankless has said. According to the Read more …
Ethereum started a recovery wave above the $2,800 level against the US Dollar. must clear the $2,850 resistance to continue higher in the near term. Ethereum started a decent recovery wave above the $2,780 and $2,800 levels. The price is consolidating above $2,820 and the 100 hourly simple moving average. There was a break above a major bearish trend line with resistance near $2,750 on the hourly chart of ETH/USD (data feed via Kraken). The pair must clear the $2,850 Read more …